Price trend

This week, the PTFE market maintained stable operation, with some large factories experiencing slight fluctuations and downward movements. According to the statistics of SunSirs, as of March 14th, the market price of PTFE suspended pellets remained around 37,000-50,000 RMB/ton.

Raw material end:

The raw material R22 market price remained stable, but the price remained high, with no positive stimulus for the time being. According to the Commodity Market Analysis System of SunSirs, as of March 14th, the average price of refrigerant R22 was 24,166.67 RMB/ton, an increase of 2.11% from the beginning of the month's price of 23,666.67 RMB/ton, and an increase of 19.83% compared to the same period last year.

Downstream end:

There was no favorable phenomenon in the downstream market, and there was insufficient purchasing sentiment, with on-demand procurement being the main focus. As of March 14th, the polytetrafluoroethylene market was in a situation of strong supply and weak demand.

Market outlook

The polytetrafluoroethylene analyst from SunSirs believes that in the short term, the high prices of raw materials will support, downstream demand will be weak, and the wait-and-see sentiment will be strong. The polytetrafluoroethylene market will maintain stable operation.

If you have any questions, please feel free to contact SunSirs with support@SunSirs.com.